Nonprofit · EIN 81-2908499
HACK FOUNDATION
Tax-exempt · W HOLLYWOOD, CA 90069
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $22,351,707 | $14,214,400 | $8,137,307 | $18,742,497 | $434,126 | $18,308,371 |
| December 31, 2023 | 990 | $11,357,856 | $6,018,628 | $5,339,228 | $10,313,634 | $187,548 | $10,126,086 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $21,315,830
- of which government grants
- $330,000
- Program service revenue
- $812,269
- Investment income
- $215,619
- Other revenue
- $7,989
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $338,452
- Other salaries and wages
- $1,764,346
- Salaries, compensation and benefits (total)
- $2,460,541
- Professional fundraising fees
- $0
- Legal fees
- $6,232
- Accounting fees
- $20,776
- Occupancy
- $172,911
- Travel
- $153,460
- Program services (functional)
- $13,337,614
- Management and general (functional)
- $597,662
- Fundraising (functional)
- $279,124
Balance sheet and other
- Total assets, start of year
- $10,313,634
- Total assets, end of year
- $18,742,497
- Total liabilities, end of year
- $434,126
- Net assets, end of year
- $18,308,371
- Publicly traded securities
- $102,715
- Net assets without donor restrictions
- $8,950,214
- Net assets with donor restrictions
- $9,358,157
- Gross receipts
- $22,351,707
- Employees
- 69
- Volunteers
- 2
- Year formed
- 2016
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA ASQUITH | COO AND BOAR Trustee or director, Officer | 40 | $219,305 |
| GARY TOU | HCB TECH LEA Highest-paid employee | 40 | $140,000 |
| ZACHARY LATTA | E.D. & PRESI Trustee or director, Officer | 40 | $119,146 |
| THOMAS PRESTON-WERNER | SECRETARY Trustee or director | 1 | $0 |
| SAMUEL QUINN SLACK | TREASURER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTINA ASQUITH | COO AND BOAR Trustee or director, Officer | 40 | $160,200 | $28,112 |
| ZACHARY LATTA | E.D. & PRESI Trustee or director, Officer | 40 | $119,659 | $0 |
| THOMAS PRESTON-WERNER | SECRETARY Trustee or director | 1 | $0 | $0 |
| SAMUEL QUINN SLACK | TREASURER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8605 SANTA MONICA BLVD PMB 86294, W HOLLYWOOD, CA 90069-4109
- In care of
- % ZACH LATTA
- Principal officer (990 for 2024)
- ZACHARY LATTA, 8605 SANTA MONICA BLVD SUITE 86294, WEST HOLLYWOOD, CA 90069
- Signed the 990
- ZACHARY LATTA, E.D. & PRESIDENT
- Phone
- (855) 625-4225
- Website
- HTTPS://HACKCLUB.COM
- Return prepared by
- JMM & ASSOCIATES PC
California records
California keeps its own records of charities and corporations. Search them by EIN 81-2908499 or by the name HACK FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE HACK FOUNDATION, D.B.A. HACK CLUB (HACK CLUB OR ORGANIZATION) IS A NOT-FOR PROFIT ORGANIZATION FORMED IN 2016 TO HELP CREATE THE HIGHLY TECHNICAL PROBLEM SOLVERS OF TOMORROW BY ENGAGING TEENAGE PROGRAMMERS IN A WORLDWIDE NETWORK OF PEERS. THROUGH BUILDING OPEN SOURCE PROJECTS THEY'RE PROUD OF, FORMING LIFE-LONG FRIENDSHIPS, AND GAINING LIFE SKILLS THROUGH GOING ON INCREDIBLE ADVENTURES LIKE HACKATHONS. HACK CLUB RECEIVES SUPPORT AND REVENUE PRIMARILY FROM DONATIONS. HACK CLUB'S FISCAL SPONSORSHIP ACTIVITIES EXPANDED TO COVER A BROADER ARRAY OF CHARITABLE AND EDUCATIONAL ACTIVITIES IN 2023. HACK CLUB APPLIES THE SAME PRINCIPLES AND PROCEDURES IT DEVELOPED AS A SPONSOR TO CODING CLUBS TO HAVE A BROADER IMPACT ON A GREATER ARRAY OF ISSUE AREAS. HACK CLUB RETAINS ULTIMATE SUPERVISORY AUTHORITY OVER ITS PROJECTS AND REQUIRES ITS PROJECTS TO OPERATE IN A MANNER CONSISTENT WITH THE REQUIREMENTS OF 501(C)(3), WHILE EMPOWERING THEM TO USE THEIR INITIATIVE AND ENERGY TO ADVANCE THEIR MISSION
Program accomplishments
- HACK CLUB. TOTAL REVENUE: 5,238,425. TOTAL EXPENSES: 3,792,052 HACK CLUB IS THE WORLD'S LARGEST CHARITY FOR TEENAGERS INTERESTED IN COMPUTERS AND ELECTRONICS. WE SERVE TENS OF THOUSANDS OF HIGH SCHOOLERS EACH YEAR THROUGH EDUCATIONAL COMPETITIONS AND IN-PERSON HACKATHONS, WE GIVE OVER 1M EACH YEAR TO TEENAGERS IN GRANTS AND COMPONENTS FOR THEIR PROJECTS, AND MORE. WE HELP TEENAGERS LEARN TECHNICAL SKILLS TO THRIVE IN THE 21ST CENTURY, FORM LIFELONG FRIENDSHIPS, AND BUILD LIFE SKILLS THROUGH GOING ON INCREDIBLE ADVENTURES LIKE HACKATHONS. ALMOST ALL OF OUR STAFF AND OPERATIONS ARE WITHIN HACK CLUB.Expenses $3,792,052
- FISCALLY SPONSORED PROJECTS. TOTAL REVENUE: 16,085,394. TOTAL EXPENSES: 9,545,562. NOTE: THIS IS THE SUM TOTAL OF ALL FUNDS RAISED AND SPENT ACROSS ALL FISCAL SPONSEES. THIS IS NOT REVENUE OR EXPENSES OF HACK CLUB. STARTED IN 2018, THE HACK FOUNDATION STARTED OFFERING FISCAL SPONSORSHIP SERVICES TO NONPROFIT CHARITABLE PROJECTS - MANY OF WHICH ARE LED BY HIGH SCHOOLERS. TODAY WE SPONSOR A WIDE VARIETY OF FOR-GOOD NONPROFIT CHARITABLE PROJECTS THROUGH OUR IN-HOUSE DEVELOPED FINANCIAL TRANSPARENCY SOFTWARE TO HELP GRASSROOTS GROUPS DO MORE WITH LESS. HCB BY HACK CLUB.Expenses $9,545,562 · revenue $812,269
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2908499
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Science and technology (U41)
- Assets (IRS master file)
- $18,742,497
- Income (IRS master file)
- $22,351,707
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $22,351,707 | $14,214,400 | $18,742,497 | IRS |
| 990 | December 2023 | $11,357,856 | $6,018,628 | $10,313,634 | XML |
| 990 | December 2022 | $4,974,838 | $3,170,440 | $4,804,868 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2908499).
Questions about HACK FOUNDATION
- What is the EIN of HACK FOUNDATION?
- The employer identification number (EIN) of HACK FOUNDATION is 81-2908499.
- Is HACK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to HACK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HACK FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HACK FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HACK FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HACK FOUNDATION?
- The 990 for the year ended December 31, 2024 names ZACHARY LATTA.
- Who are the officers and directors of HACK FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $219,305 (CHRISTINA ASQUITH, COO AND BOAR).
- How much revenue does HACK FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $22,351,707, expenses of $14,214,400 and total assets of $18,742,497 at year end.
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All nonprofits in W HOLLYWOOD · California · Science and technology